System and method for settling funds transfers between different gaming establishment accounts maintained by different gaming establishments

Abstract

A system and method that facilitates the transferring of funds between different financial institution accounts based on the transferring of funds between different gaming establishment accounts associated with different gaming establishments.

The invention is claimed as follows: 
     
         1 . A system comprising:
 a processor; and   a memory device that stores a plurality of instructions that, when executed by the processor responsive to an authorization of a direct transfer of a first amount of funds from a first gaming establishment account associated with a first user to a second, different gaming establishment account associated with a second user, cause the processor to operate with a bank server to cause an automatic transfer of a second amount of funds from a first bank account associated with a first gaming establishment to a second, different bank account associated with a second gaming establishment.   
     
     
         2 . The system of  claim 1 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account occurs prior to the direct transfer of the first amount of funds from the first gaming establishment account to the second, different gaming establishment account. 
     
     
         3 . The system of  claim 1 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account occurs after the direct transfer of the first amount of funds from the first gaming establishment account to the second, different gaming establishment account. 
     
     
         4 . The system of  claim 3 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account occurs in association with a batch transfer of funds from the first bank account to the second, different bank account. 
     
     
         5 . The system of  claim 4 , wherein the batch transfer of funds is associated with an authorization of a direct transfer of a third amount of funds from a third gaming establishment account associated with a third user to a fourth, different gaming establishment account associated with a fourth user. 
     
     
         6 . The system of  claim 1 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account automatically periodically occurs over a period of time. 
     
     
         7 . The system of  claim 1 , wherein the first user is different from the second user. 
     
     
         8 . The system of  claim 1 , wherein the first gaming establishment is different from the second gaming establishment. 
     
     
         9 . The system of  claim 1 , wherein the first amount of funds is different from the second amount of funds. 
     
     
         10 . A system comprising:
 a processor; and   a memory device that stores a plurality of instructions that, when executed by the processor responsive to a fund transfer reconciliation event, cause the processor to communicate data that results in an automatic reconciliation of a net transfer of funds between a first bank account associated with a first gaming establishment and a second, different bank account associated with a second gaming establishment, wherein the first bank account is associated with a first plurality of gaming establishment accounts associated with a first plurality of users, the second, different bank account is associated with a second, different plurality of gaming establishment accounts associated with a second plurality of users and the net transfer of funds is based on a net transfer of funds between the first plurality of gaming establishment accounts and the second, different plurality of gaming establishment accounts.   
     
     
         11 . The system of  claim 10 , wherein the fund transfer reconciliation event automatically periodically occurs over a period of time. 
     
     
         12 . A method of operating a system, the method comprising:
 responsive to an authorization of a direct transfer of a first amount of funds from a first gaming establishment account associated with a first user to a second, different gaming establishment account associated with a second user, causing a processor to operate with a bank server to cause an automatic transfer of a second amount of funds from a first bank account associated with a first gaming establishment to a second, different bank account associated with a second gaming establishment.   
     
     
         13 . The method of  claim 12 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account occurs prior to the direct transfer of the first amount of funds from the first gaming establishment account to the second, different gaming establishment account. 
     
     
         14 . The method of  claim 12 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account occurs after the direct transfer of the first amount of funds from the first gaming establishment account to the second, different gaming establishment account. 
     
     
         15 . The method of  claim 14 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account occurs in association with a batch transfer of funds from the first bank account to the second, different bank account. 
     
     
         16 . The method of  claim 15 , wherein the batch transfer of funds is associated with an authorization of a direct transfer of a third amount of funds from a third gaming establishment account associated with a third user to a fourth, different gaming establishment account associated with a fourth user. 
     
     
         17 . The method of  claim 12 , wherein the automatic transfer of the second amount of funds from the first bank account to the second, different bank account automatically periodically occurs over a period of time. 
     
     
         18 . The method of  claim 12 , wherein the first user is different from the second user. 
     
     
         19 . The method of  claim 12 , wherein the first gaming establishment is different from the second gaming establishment. 
     
     
         20 . The method of  claim 12 , wherein the first amount of funds is different from the second amount of funds.